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Fully Furnished 1 BR Condo at The Sands
For Sale

Fully Furnished 1 BR Condo at The Sands

Panama City, Panama

Listing Ref: PLS-200113

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1
Bedrooms
🚿
1.0
Bathrooms
πŸ“
33
mΒ²
🏷️
condo
Type

The Pacific, Front and Center β€” for $145,000

Wake to cargo ships drifting toward the Canal and a bay that turns rose, then gold, before the city has finished stretching. This fully furnished one-bedroom at The Sands asks nothing of you but the key β€” every piece of furniture, every amenity, every sunset already in place. On Avenida Balboa, Panama City's great seafront boulevard, this is waterfront living without the waterfront price.

First-time Panama investors seeking turnkey rental incomeExpats testing the waters before committing fullyRetirees drawn to walkable, serviced city livingFrequent visitors wanting a pied-Γ -terre in the capital

Property Details

The light arrives first. Long before Avenida Balboa stirs, the Pacific begins to glow beyond your balcony railing β€” a flat sheet of pewter turning rose, then gold, as cargo ships drift patiently toward the Canal. You step outside with coffee in hand. Salt in the air, the low hum of a city waking, that horizon holding steady. This is the part no floor plan can explain, and it happens every single morning, whether or not you remember to look.

Inside, 355 square feet have been edited rather than filled. Nothing excessive; everything intentional. The furnishings are already here β€” bed, sofa, table, the quiet machinery of daily life β€” which means you arrive rather than assemble. Anyone who has endured the exhausting choreography of furnishing a home overseas will recognize the genuine luxury hidden in that sentence. Turn the key. Drop your bag. Pour a glass of wine and watch the bay go dark while the skyline rises behind you, floor by floor, like something being switched on just for you.

The Sands understands what city living should feel like. Downstairs, an infinity pool catches the long afternoon sun and the sound of water against tile erases traffic entirely. There is a rooftop lounge for evenings that go long, restaurants indoors and out, a fully equipped gym for the mornings you mean it, co-working space for the days you must, a games room, a children's playroom, and twenty-four-hour security standing quietly behind all of it. Parking sits below in the basement, pooled and practical. It is a building that handles the logistics so you can get on with the living.

Step out the door and you are already in it. The Cinta Costera's palm-lined promenade unspools for kilometers directly across the avenue β€” joggers at dawn, cyclists at dusk, families with ice cream, the occasional saxophone player catching the last of the light. Casco Viejo's cobblestones and candlelit rooftop bars are a few minutes away. The Mercado de Mariscos serves ceviche by the cup within walking distance, and the Cinco de Mayo metro station puts the rest of the city within effortless reach. No car required. That phrase alone separates this address from most Panama homes for sale.

For the investor, the arithmetic is refreshingly simple. A furnished ocean-view unit in a full-amenity tower on the capital's premier seafront avenue is precisely what short-term guests and corporate tenants hunt for β€” in a dollarized economy where foreign nationals hold the same ownership rights as Panamanian citizens. Maintenance runs a modest $82.50 monthly with gas included, a number that leaves the yield intact rather than quietly eating it. For the expat, it is a soft landing: a secure, serviced base from which to discover whether Panama is a chapter or the whole book.

Most people who buy property in Panama can name the exact moment they decided. Usually it was a view, from a balcony, on a warm evening, when the water went copper and the lights came up one by one across the bay. This is where that moment happens β€” and at $145,000, it can carry your name by month's end. Furnished ocean-view condos on Avenida Balboa beneath $150,000 do not linger on the market. They rarely get the chance.

Features

  • Unobstructed Pacific Ocean and bay views
  • Fully furnished β€” genuinely move-in ready
  • Prime Avenida Balboa seafront address
  • Infinity pool, rooftop lounge and fitness center
  • Private balcony above the bay
  • Low $82.50 monthly maintenance, gas included
  • Steps from the Cinta Costera promenade and metro

Neighborhood

Avenida Balboa is Panama City's grand seafront sweep β€” a glittering arc of towers facing the Pacific, hemmed by the parks, bike paths and ocean breeze of the Cinta Costera. Here high-rise urbanity meets open water: morning runners, evening cyclists, and sunsets that stop conversations mid-sentence. It is the capital's most walkable luxury corridor, where banking towers, boutique dining and colonial heritage sit minutes from one another.

Nearby:

Cinta Costera waterfront park and bike path β€” directly across the avenueCasco Viejo's rooftop bars, galleries and historic plazasMercado de Mariscos for fresh ceviche on the waterMulticentro Mall β€” shopping, cinema and casinoPunta Pacifica and Obarrio dining and nightlife districtsCinco de Mayo metro station and Panama's banking district

Commute Times: About 5–10 minutes to Casco Viejo, 10 minutes to the banking district, 15 minutes to Albrook domestic airport, and 30–40 minutes to Tocumen International Airport.

Frequently Asked Questions

Is $145,000 good value for an ocean-view condo in Panama City?

Furnished ocean-view units on Avenida Balboa under $150,000 are increasingly rare, particularly in full-amenity towers with pool, gym, rooftop lounge and 24-hour security. At $145,000 with all furnishings included, the entry cost is effectively lower than comparable unfurnished units once you account for outfitting a home from scratch.

What exactly is included with the condo?

The unit is sold fully furnished β€” bed, sofa, dining table and the essentials of daily living are already in place. A pooled parking spot in the basement is also included, so you can arrive with luggage and start living immediately.

How much are the monthly fees?

Maintenance runs $82.50 per month, which includes gas. That covers building upkeep and access to the infinity pool, gym, rooftop lounge, co-working space, games room, children's playroom and 24-hour security.

Can foreigners buy property in Panama?

Yes. Under Article 47 of the Panamanian Constitution, foreign nationals hold identical property ownership rights to Panamanian citizens, with titled ownership recorded in the Public Registry. Panama also uses the US dollar as legal tender, which removes currency risk for most North American buyers.

Would this work as a rental investment?

It is built for it. A furnished ocean-view unit on the capital's premier seafront avenue, within walking distance of Casco Viejo and the Cinta Costera, is exactly what short-term guests and corporate tenants search for β€” and the modest $82.50 monthly fee keeps the yield intact.

Do I need a car living here?

No. The Cinta Costera promenade is directly across the avenue, the Cinco de Mayo metro station and Mercado de Mariscos are a short walk, and Casco Viejo is minutes away. This is one of the few genuinely walkable luxury corridors in Panama City.

Price
$145,000

Furnished ocean-view condos on Avenida Balboa beneath $150,000 are a shrinking category. Inventory at this price point in this corridor typically moves in weeks, not months.

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